Biden withdraws from 2024 race, precious metals set to shine...
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Last night's monster raffle created quite a buzz, but today's political shockwave has truly taken center stage. In a (not so) surprising move, President Joe Biden has officially announced that he will not seek the Democratic nomination for the 2024 presidential election. This unexpected decision, amid mounting pressure from his party, has sent ripples through the political and financial landscapes.
President Biden, citing the best interests of his party and the country, has decided to step aside, endorsing Vice President Kamala Harris as the new Democratic nominee. Harris has pledged to do everything in her power to unite the nation and defeat Donald Trump in the upcoming election. With Americans heading to the polls in just four months on November 5th, the political uncertainty is palpable.
SOURCE
Political uncertainty often translates into volatility in financial markets, and this current situation is no exception. With the future leadership of the United States now more uncertain than ever, investors are seeking safe havens to protect their wealth. Historically, precious metals like gold and silver have thrived during times of political and economic instability.
Silver, in particular, has shown strong performance this year, rising nearly 24% to stand at $29.29. The recent market dynamics, combined with its industrial demand, suggest that silver is well-positioned to benefit from the current climate. As political tensions rise, the likelihood of a stock market pullback increases, making precious metals an even more attractive option for investors looking to hedge against potential losses.
SOURCE
Biden's withdrawal has left many, including White House staffers, caught by surprise. Former President Barack Obama praised Biden as "one of America's most consequential presidents" and a "patriot of the highest order." Despite the abrupt nature of this decision, Biden will continue to serve the remaining six months of his term, ensuring a smooth transition of power.
The uncertainty surrounding the upcoming election and Biden's exit adds a layer of unpredictability to an already volatile market. Investors are now bracing for potential disruptions, and the safe haven appeal of precious metals is more relevant than ever. As we navigate these turbulent times, silver's prospects look promising. I predicted that silver could reach $34 to $35 by year-end, driven by both market conditions and its essential role in various industries, but we may sault straight throufg the 30s and bounce around the $50 mark now...
So yeah, the excitement of last night's monster raffle pales in comparison to today's seismic political developments. With President Biden's unexpected withdrawal from the 2024 race, the stage is set for significant political and financial shifts. In times of such uncertainty, precious metals like silver offer a beacon of stability and potential growth. As the future of the United States remains unclear, there's no better time to consider investing in silver, a reliable safeguard against market turmoil and economic instability
And remember MAGA - Make Au great again!!
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Gold will prove to be more Stable than Silver... Which leads to a Phase 2 and 3 for Silver...
Do you believe him?
The british press have painted JB in a good light. Its only on the alt sites i frequent do I see the real Joe....
He might be a nice grandpa, but would i want him running my country??? Heck NO!!!
I think the money printer goes BRRR regardless of who wins.
As for the rest of it, I think it's all Kabuki theatre and the script was decided on a while ago...
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STOP!DOOK
You just got DOOKed!
@youloseagain thinks your content is the shit.
They have 1/80 DOOK left to drop today.
Learn all about this shit in the toilet paper! 💩
Deciding who gets to operate the controls of this train wreck.
Were lucky, we sit on the outside looking in!! While the US may be the big dog, im glad I dont have to pick come November.
But then again, the UK politicsnis a complete laughing stock at the mo.... its looking gloomy as hell overbhere. Hows things in the great white north?
Our Prime Minister rather see us die of starvation by increasing the Carbon tax more each year adding that cost on top of Inflation just to get credit in saving the world from Climate change.
He refuse to call an election, only delaying calling one until the day after most of his Parliamentary buddies qualify for there $2M+ pensions.
Most of Western Canada hates him,
Intelligence is not a strong trait in Canadian politicians either.
I'm beginning to think of planning a Retirement life outside North America, it's getting too expensive living here.
Other than a bunch of major issues, everything else is just peachy.